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COVID19 Special Report – Brazil Market Update
Power Systems Research published in the June 13 issue of Automotive Business magazine a high level update on perspectives of MHV and Off-Highway segments. See the article at the link below and translated presentation.
Carlos Briganti Source: PSR at Automotive Business Read The Article
PSR Analysis: Although ANFAVEA published a decreased forecast, we believe that the decrease will be lower than the Light Vehicles decrease. Metrics we follow, such as Diesel consumption and…
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Brazilian Production and Sales of Commercial Vehicles Won’t Recover Until 2021
Power Systems Research analyzes markets of trucks, buses, agricultural and construction machines
Brazil deaths caused by coronavirus increased sharply in April and May 2020. Slump Caused by COVID-19 Will Last into 2021
The overall slump in production and sales of heavy commercial vehicles (trucks and buses) as well as for agricultural and construction machines should last throughout this year; these segments won’t recover until 2021. PSR
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First FOTON Produced in New Brazil Plant
The first units of the 3.5-ton LCV have been assembled at the GEFCO Plant in Guaíba-RS as the company begins producing under a manufacturing contract for Foton.
Source: AutoData Read The Article
PSR Analysis:
Despite this news, the speed of the development of the new line will be reduced by COVID-19 and related factors, including the social restrictions and workforce mobility, the impact in the LCV segment and also the lack of parts from China, major part of the content…
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Q1 2020 Motorcycle Production in Brazil Was Strong But Will Drop in April
Different from the segments with 4 wheels or more, Motorcycles plants worked normally in March. The total production has been of 296 k motorcycles in the first quarter, about 7% above the same period of 2019. However, the stops in this sector started March 30 and will remain until the beginning of May.
Source: AutoData Read The Article
PSR Analysis:
Although motorcycles are also a way of delivering packages in big Cities, sales of motorcycles in Brazil have a closer relationship…
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Brazil Trailer Production Recovery Forecasted for September
In an interview April 9 with AutoData, the CEOs of 4Truck and Librelato pointed to a heavy recovery for transportation and the trailers business in September. The companies seem optimistic about the recovery from the COVID-19 crisis in Brazil.
Source: AutoData Read The Article
PSR Analysis:
The trailer segment, as well as the class 7 and class 8 segments, were enjoying a growth trend before the COVID-19 social restrictions were imposed. In the beginning of the quarantine period,…
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Marcopolo Resumes Production After COVID-19 Shutdown
Marcopolo started producing again April 13 after a break forced by COVID-19 control measures. The plants of Caxias do Sul and Duque de Caxias are producing again with lowered output. The number of workers is reduced and the space between people is expanded, among other measures for safety purposes. The São Mateus plant has not reopened.
Source: AutoData Read The Article
PSR Analysis:
The current scenario points to a heavy impact on the Bus market due to reduced customer traffic…
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Coronavirus Has Major Impact on Global Production of Off-Highway Equipment and Medium & Heavy-Duty Vehicles
Download Your PDF Copy of the Presentation
ST. PAUL, MN–A team of international analysts from Power Systems Research (PSR) analyzed the impact of COVID-19 on the global production of Off-Highway Equipment and MH-Duty Vehicles in several regions today.
The team examined the impact of the coronavirus in North America, Europe, Asia, India, and South America for the remainder of 2020 and into Q1 2021. Download your copy of the presentation here.
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Dealing With Coronavirus
At Power Systems Research our business is based on being informed: Globally, and in several important industry segments.
Even as the coronavirus affects markets and industries and companies worldwide, we’re continuing to work effectively for our clients. We’re adjusting our operations hourly to meet the changing needs caused by coronavirus. Our IT staff has adapted PSR systems so our analysts around the world can work at home and communicate easily and effectively with each other and with the home office.
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Brazil/South America Report
This report appeared in the March issue of PowerTALK ™ News
Coronavirus Jeopardizes Brazil AG Machine Production
Lack of components coming from China may be a problem because of work interruptions caused by the coronavirus. According to the Brazilian Machinery Builders´ Association (ABIMAQ), the risk of supply stoppages is high. The Chinese content of an Agricultural Machine produced in Brazil is estimated to be 10% to 15%, with higher concentration on electronics components.
Source: M&T / Globo…
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Foton To Produce Trucks in Brazil Again
This article initially appeared in the February 2020 issue of PowerTALK ™ News.
Foton says it will start producing Trucks in Guaíba-RS, in the facility formerly designated for his own factory. However, the production will be handled by GEFCO under a manufacturing contract, with parts imported from China. Previously, Foton assembled its trucks at the Agrale plant, also in Rio Grande do Sul state, to meet commitments made under government incentive programs. The number of models built here is likely…
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